For a while I thought I was the one who died. I bought all the way down to low 40's, then got a call from my broker. I was in a low equity situation. They wanted me to lquidate or add funds. Did an ACH transfer. whew. Up $10 since then...
This move should surprise no one. IMPV is trading at a lofty valuation Forward P/E 159.97 and
PEG of 57.65. and its forecast loss for Q1 was double of the expected loss. When a stock like IMPV trades at lofty valuations, it needs to surprise on higher future EPS not lower.
8-K text ....
Adaptive Medias, Inc. Receives Acquisition Proposal From Adsupply, Inc. for $35 Million, or $1.50 Per Share, in All Cash Transaction
IRVINE, Calif., Feb. 01, 2016 (GLOBE NEWSWIRE) -- Adaptive Medias, Inc. (OTCQB:ADTM), a video technology company that supports publishers, content producers and brand advertisers, today announced it received an acquisition proposal from private digital advertising technology company AdSupply, Inc., for $35 million, or $1.50 per share, in an all cash transaction. The offer represents a premium of nearly 900% to Adaptive Medias’ closing stock price of $0.16 on January 27, 2016.
Under the terms of the proposal, AdSupply would acquire all of Adaptive Medias’ outstanding shares for a total all cash consideration of approximately $35 million, or $1.50 per share, based on a share count of 23,400,281 on the date of this release. The proposal was submitted on January 27, 2016 in a letter to the Adaptive Medias’ Board of Directors.
“We believe the combination of Adaptive Medias and AdSupply could represent a compelling opportunity for both companies and their respective shareholders, and could enhance the business and growth prospects of the combined entities,” said John B. Strong, Chairman and Chief Executive Officer of Adaptive Medias, Inc. “We have an aggressive, yet systematic, growth strategy for increasing Adaptive Medias’ revenue and earnings potential in 2016 and beyond, which may include a merger with a company like AdSupply or other strategic partnerships that we’re currently pursuing. Although AdSupply’s acquisition price provides value for Adaptive Medias’ shareholders at a substantial premium to the current market price, thus giving clear recognition to Adaptive Medias’ upside potential, it is our fiduciary duty to ensure we pursue all other options available to us. Accordingly, we will evaluate the offer and eventually decide whether or not this offer is in the best interest of our company and our shareholders.”
There may not be many shorts. But they are loud (see mickey). Not directed at you. But there are others here trying to spread fear to cover their own problems.
Shorts are desperate now. Even after the 8-K was filed they are still trying to muddy the waters.
I wonder how high ADTM would be without shorts desperately hanging on. But not for much longer. LOL
Granted...I was a little more optimistic than I should have been. However, the FDA clearance is not a non-event. This is a start that help it getting the rest in place. No reason to be up 1-2 dollars, but no reason to be down either.
WIth a low float, how high will this fly tomorrow morning? This could pop above 52 week high once people start chasing
EGL forecasting $2 Billion in revenue in 2016, forward PE was 11, now 7...6,000 employees...
Ok, the earnings forecast is a big miss. but they are still forecasting 1.15. EGL is not going out of business, they are investing in future business.. ergo the miss.
The magnitude of this drop is a bit of a head scratcher.
Totally agree. Once under $5 selling increased. Some margin orders I would guess. The degree of selling is overdone. But unless there are buyer to come in, it stil may drift lower. At this point, there are just a lack of buyers. It may need to pierce $4 to get some buyers.
attribute to the easy manipulation. Plunging $3 below all time low is a bit ridiculous. True TCS has dissapointed, but MMs have taken over today
It looks like there has been some bargain hunting once people realized what was going on.
Also, as interest has increased, the spread in the bid/ask has narrowed.
Sentiment: Strong Buy
Utility owned fuel cell micro-grid announced with repeat customer United Illuminating
-- Correctional facility megawatt-class project announced with repeat municipal customer
-- North American manufacturing facility expansion has started
-- Backlog increased $43 million sequentially - second quarterly sequential increase
FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today reported financial results for its fourth quarter ended October 31, 2015 and key business highlights.
FuelCell Energy (the Company) reported total revenues for the fourth quarter of 2015 of $51.5 million compared to $54.4 million for the comparable prior year period. Revenue components include:
-- Product sales of $43.9 million for the current period compared to $42.4 million for the comparable prior year period
-- Service agreements and license revenues of $5.5 million for the current period compared to $6.7 million for the comparable prior year period
-- Advanced Technologies contract revenues of $2.1 million for the current period compared to $5.3 million for the comparable prior year period
The gross profit generated in the fourth quarter of 2015 totaled $3.1 million and the gross margin for the period was 6.1 percent, compared to gross profit of $6.0 million and gross margin of 10.9 percent for the fourth quarter of 2014. The gross margin decreased in the current period compared to last year reflecting a product sales mix weighted towards Asian sales in the current quarter compared to North American power plant installation sales in the fourth quarter of 2014. In addition, a number of Advanced Technologies contracts concluded towards the end of fiscal year 2015 while new contracts announced and included in backlog at October 31, 2015 were just beginning to commence, resulting in lower overhead absorption of fixed costs for the fourth quarter of 20
They expire 02/08/2016. Don't know price. Certainly some time recover from the RPRX related fall today. It fell today on very low volume and broad bid/asks.
I saw a 15, 16, and 17 $ price targets this morning. And surprisingly positive remarks by most analysts. Go figure. Don't know what to make of it all. Many feel NMBL now a take over target.
Money, hang in there. With such a small float and low pps, many speculators bought 10,000-50,000 shares. When they didn't get a blow out quarter, they sold their shares , easily moving this low float stock down.
Because they announced early, I am half expecting some more news tomorrow. We'll see.
Sentiment: Strong Buy
I was one expecting (hoping for huge numbers). As I thought about it last night, I wondered what we would need to get TAPM over $1. The number I had was 1M is revenue, and the more I thought about the more I felt that was a it of stretch. Which is obvious now.
I pared my position, still holding half. Tomorrow could bring an announcement. Regardless I will hold remaining shares for a while. All arrows are pointing up for TAPM, just not as quickly as I or others had wanted. (admitedly got a little greedy here)
Sentiment: Strong Buy